tomo logo

$500,000

Beds
2
Baths
2.0
sq ft
1,798

73216 Tumbleweed Ln Unit A, Palm Desert, CA 92260

73216 Tumbleweed Ln Unit A

Palm Desert, CA 92260

  • 52 days on market
Live Auction! Bidding to start from $500,000! Discover the epitome of South Palm Desert living in this freestanding, exquisite condominium offers a rare blend of early California charm & modern amenities. Enjoy unparalleled privacy in a beautifully designed Spanish hacienda style home. The open floor plan boasts Spanish terra cotta tile flooring throughout, complemented by tasteful decor that enhances every corner. Upon entry, a 2-story foyer welcomes you w/natural light streaming through an overhead window, creating an architectural focal point. The living room features a vaulted ceiling, fireplace & wet bar, perfect for entertaining. French doors from the dining area open to a private patio overlooking a serene green belt. The kitchen is a chef's delight with stainless steel appliances, a wine cooler, granite countertops & a spacious breakfast nook currently utilized as an office. Upstairs, the master bedroom exudes brightness & warmth, opening onto a charming balcony with views of the landscaped grounds. The remodeled master bath boasts stunning tiled countertops, a large, tiled shower & a luxurious soaking tub, complemented by a generously sized walk-in closet w/built-in shelves. Enjoy the amenities of Sandroc II, including a community pool, two spas & two night-lighted tennis courts, all just moments away from the renowned shops & dining of El Paseo.

Details

Property type

Condominium

Est. home value

$613,312

Lot size

Unknown

Price per sq ft

$279

Year built

1980

Monthly HOA fee

$540

Price History

07/30/2024
DesertArea

DesertArea #219114717

Listed
$500,000
-19.21%
02/02/2024
CRMLS

CRMLS #CV23152752

Removed
$618,900
08/18/2023
CRMLS

CRMLS #CV23152752

Listed
$618,900
+52.81%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$312,697
Asking price
$500,000
Closing costs (~8% of asking)
-$40,000
Est. remaining loan balance
-$147,303
Cash to seller
$312,697

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

December 2022

Original loan amount

$150,000

Est. remaining balance

$147,303

Interest rate

7.08%

Loan type

New Conventional, 30 year

Seller

Patricia Workman and Stephen K And Patricia Workman Fmtr

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 09/19/2024 at 6:40 PM

Listing updated: 08/28/2024 at 11:19 AM

Listed by: Declan J Marmion, Harcourts Desert Homes Phone #: (760) 864-4100

MLS: DesertArea #219114717

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